KNF vs. SPY
Compare and contrast key facts about Knife River Corporation (KNF) and SPDR S&P 500 ETF (SPY).
SPY is a passively managed fund by State Street that tracks the performance of the S&P 500 Index. It was launched on Jan 22, 1993.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: KNF or SPY.
Correlation
The correlation between KNF and SPY is 0.54, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
Performance
KNF vs. SPY - Performance Comparison
Key characteristics
KNF:
1.52
SPY:
2.05
KNF:
2.05
SPY:
2.73
KNF:
1.26
SPY:
1.38
KNF:
2.83
SPY:
3.07
KNF:
7.52
SPY:
13.22
KNF:
6.86%
SPY:
1.95%
KNF:
34.08%
SPY:
12.57%
KNF:
-18.27%
SPY:
-55.19%
KNF:
-7.76%
SPY:
-2.69%
Returns By Period
In the year-to-date period, KNF achieves a -3.35% return, which is significantly lower than SPY's 0.58% return.
KNF
-3.35%
-4.01%
35.02%
54.22%
N/A
N/A
SPY
0.58%
-2.18%
5.70%
25.99%
14.36%
13.16%
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Risk-Adjusted Performance
KNF vs. SPY — Risk-Adjusted Performance Rank
KNF
SPY
KNF vs. SPY - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Knife River Corporation (KNF) and SPDR S&P 500 ETF (SPY). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.
Dividends
KNF vs. SPY - Dividend Comparison
KNF has not paid dividends to shareholders, while SPY's dividend yield for the trailing twelve months is around 1.20%.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
KNF Knife River Corporation | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
SPY SPDR S&P 500 ETF | 1.20% | 1.21% | 1.40% | 1.65% | 1.20% | 1.52% | 1.75% | 2.04% | 1.80% | 2.03% | 2.06% | 1.87% |
Drawdowns
KNF vs. SPY - Drawdown Comparison
The maximum KNF drawdown since its inception was -18.27%, smaller than the maximum SPY drawdown of -55.19%. Use the drawdown chart below to compare losses from any high point for KNF and SPY. For additional features, visit the drawdowns tool.
Volatility
KNF vs. SPY - Volatility Comparison
Knife River Corporation (KNF) has a higher volatility of 11.77% compared to SPDR S&P 500 ETF (SPY) at 4.49%. This indicates that KNF's price experiences larger fluctuations and is considered to be riskier than SPY based on this measure. The chart below showcases a comparison of their rolling one-month volatility.